These notes were issued as a result of the Legal Tender Act of July
14, 1890. This Act authorized the Secretary of the Treasury to issue
these notes in payment for silver bullion purchased by the Treasury
Department. The entire issue of these notes thus became backed by
metallic reserves. The notes were redeemable in actual coin, but whether
silver or gold coin should be paid out was left to the discretion
of the Secretary of the Treasury.
The coin notes were issued in denomination of $1, $2, $5, $10,
$20, $50, $100 and $1,000 of the series of 1890 and 1891. A $500
note with the portrait of General Sherman was also authorized and
a plate made, but only a proof impression of the note is known:
it was not placed into circulation.
The notes of 1890 Series are especially attractive because of the
intricate designs on the reverse. The 1890 notes are all rare today,
especially in uncirculated condition.
| FR # |
Denom. |
Description |
Grade |
Valued At |
| 347 |
$ 1 |
1890$1 Treasury "Stanton" Brown seal # A180051*
|
PMG-62EPQ |
$ 2/12/2008
SOLD |
| 350 |
$ 1 |
1891 $1 Treasury Note Sm Red Seal Ser # B50403488*
|
PCGS 64PPQ |
$2,650 |
| 351 |
$ 5 |
1891 $1 Treasury Note Red Seal (Tillman/Morgan)
|
PMG GEM-66 |
$1,950 |
| 351 |
$ 1 |
1891 $1 Treasury Note Red Seal Ser # B40656684
|
VF+ |
$ 750 3/8/2008
SOLD |
| 352 |
$ 1 |
1891 $1 Treasury Note Red Seal Ser # B50820542*
|
PCGS-65PPQ |
$2,350 |
| 352 |
$ 1 |
1891 $1 Treasury Note Sm Red Seal Ser # B50820542
|
PCGS GEM-65EPQ |
$2,395 |
| 352 |
$ 1 |
1891 $1 Treasury Note Sm Red Seal (Bruce/Robets)
|
PCGS-66PPQ |
$
SOLD |
| 352 |
$ 1 |
1891 $1 Treasury Note Sm Red Seal Ser # B54511042
|
PMG-65EPQ |
$2,850 |
| 357 |
$ 2 |
1891 $2 Treasury Note Sm Red Seal Ser # B8363394*
|
PMG 66EPQ |
$ 8,250JEC
SOLD |
| 357 |
$ 2 |
1891 $2 Treasury Note " Gen. McPherson" # B14752217
|
PMG-64EPQ |
$ 4,950 3/8/08
SOLD |
| 359 |
$ 5 |
1890 $5 Treasury Note Brown Seal ser #2829071
|
PCGS 65PPQ |
$
SOLD |
| 359 |
$ 5 |
1890 $5 Treasury Note (Brown Seal) 2829008
|
PCGS CU-63 |
$
SOLD |
| 359 |
$ 5 |
1890 $5 Treasury Note Brown Seal (Finest Known) #2829062
|
PMG 67EPQ |
$ 11/18/07 BC
SOLD |
| 363 |
$ 5 |
1891 $5 Treasury Note Sm Red Seal Ser # B11340227
|
PMG -64EPQ |
$ 1/10/2008
SOLD |
| 364 |
$ 5 |
1891 $5 Teasury Note Small Red Seal Ser # B16018521*
|
PMG GEM-66 |
$ TT
SOLD |
| 364 |
$ 5 |
1891 $5 Treasury Note "Thomas Note" Ser # B16018685
|
PCGS 66PPQ |
$8,450 |
| 367 |
$ 10 |
1890$10 Treasury ( Finest Known PMG) LG. BR Seal # A3074016*
|
PMG-65EPQ |
$ DS
SOLD |
| 370 |
$ 10 |
1891 $10 Treasury Note" Sherman Note" #B2107476*
|
PMG-63GE |
$ 1/10/2008
SOLD |
| 374 |
$ 20 |
1890 $20 Treasury Note (Sm Red Seal) Ser # A1201566*
|
PCGS-64PPQ |
$ 36,500
SOLD |
| 375 |
$ 20 |
1891 $20 Treasury Note Small Red Seal Ser # 91223
|
PCGS 65PPQ |
$ JO
SOLD |
